ExodusPoint Capital Management LP decreased its holdings in National Fuel Gas (NYE: NFG) by 14.5% in the 3rd quarter. The institutional investor owned 69,322 shares of the oil and gas producer’s stock after selling 11,748 shares during the quarter. Vanguard Group Inc. owned 0.08% of National Fuel Gas worth $4,267,000 as of its most recent filing with the SEC. Other large investors have also bought and sold shares of the company, including State Street Corp. Lazard Asset Management LLC increased its holdings in shares of NFG by 398.6% during the 2nd quarter.
Allianz Asset Management GmbH acquired a new position in NFG during the 1st quarter valued at about $16,152,000. First Trust Advisors LP lifted its stake in NFG by 20.7% in the 1stst quarter. State Street Corp now owns 7,298,076 shares of the stock worth $504,599,000 after acquiring an additional 1,252,192 shares in the last quarter. National Fuel Gas has a 1 year low of $58.31 and a 1 year high of $64.95. National Fuel Gas (NYE: NFG) last announced its quarterly earnings data on Friday, February 3rd.
The oil and gas producer reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.19. National Fuel Gas had a return on equity of 27.11% and a net margin of 26.25%. The company had revenue of $658.86 million during the quarter, compared to the consensus estimate of $600.10 million. analysts expect that National Fuel Gas will post 5.45 EPS for the current year.National Fuel Gas also recently announced a quarterly dividend, which was paid on Friday, January 13th. Investors of record on Friday, December 30th were given a dividend of $0.475 per share.
This represents a $1.90 annualized dividend and a dividend yield of 3.26%. National Fuel Gas’s dividend payout ratio (DPR) is presently 29.05%.
National Fuel Gas Company Stock Analysis:
According to six analysts’ forecasts, the average target price for National Fuel Gas Company stock is USD 78.71 for the next 12 months. The average analyst rating for National Fuel Gas Company is “Buy.” However, Stock Target Advisor’s analysis of the stock is “Bearish,” based on four positive signals and 11 negative signals. As of the last closing, the stock price of National Fuel Gas Company was USD 58.31. Over the past week, the stock price has increased by 1.36%, while it has decreased by 5.65% over the past month and 4.55% over the last year.